CubeSmart (CUBE) director Jair K. Lynch receives 4,044-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lynch Jair K reported acquisition or exercise transactions in this Form 4 filing.
CubeSmart director Jair K. Lynch received a grant of 4,044 common shares as equity compensation. The shares were issued at no cash cost under the company’s 2007 Equity Incentive Plan, increasing his directly held stake to 14,465 common shares.
The granted shares vest on the earlier of the first anniversary of the grant date, the date of the 2027 Annual Meeting of Shareholders, or the date Mr. Lynch resigns or retires from the Board. This filing reflects a routine stock award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Jair K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 4,044 | $0.00 | -- |
Holdings After Transaction:
Common — 14,465 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 4,044 shares
Grant price: $0.00 per share
Shares held after grant: 14,465 shares
3 metrics
Shares granted
4,044 shares
Common stock award to director Jair K. Lynch on 2026-05-19
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Shares held after grant
14,465 shares
Total direct CubeSmart common shares after reported transaction
Key Terms
2007 Equity Incentive Plan, vest, Annual Meeting of Shareholders, Form 4
4 terms
2007 Equity Incentive Plan financial
"The common shares are issued under the Company's 2007 Equity Incentive Plan."
vest financial
"The common shares vest on the earlier of the first anniversary of the grant date..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CubeSmart (CUBE) report for Jair K. Lynch?
CubeSmart reported that director Jair K. Lynch received a grant of 4,044 common shares. These shares were awarded as equity compensation under the company’s 2007 Equity Incentive Plan and did not involve an open-market purchase or sale.